Shoppers Stop Ltd News
Nuvama upgrades Shoppers Stop to 'Buy'; says recent correction offers entry
The brokerage believes the recent correction in Shoppers' Stop stock price offers a margin of safety, while the "Shoppers Stop 2.0" is beginning to show tangible results
 "Nuvama upgrades Shoppers Stop to 'Buy'; says recent correction offers entry")
Shoppers Stop Q2 loss narrows to ₹20 crore, eyes festive demand boost
Shoppers Stop's consolidated net loss stood at ₹201.1 million ($2.29 million) for the quarter against a loss of ₹205.9 million a year earlier
 "Shoppers Stop Q2 loss narrows to ₹20 crore, eyes festive demand boost")
Shoppers Stop shares drop 5% post Q1 results; Here's what analysts say
Shoppers Stop's sales figure for the quarter ending June 30, 2025, stood at ₹1,094 crore (GAAP basis), marking a slight increase of 6 per cent from ₹1,034 crore recorded in Q1FY25.
Shoppers Stop trims Q1 loss to ₹15.74 crore, names new chairman
Retail chain Shoppers Stop Ltd on Thursday reported a narrowing of consolidated net loss to Rs 15.74 crore in the first quarter ended June 30, 2025. The company, which had posted a consolidated net loss of Rs 22.72 crore in the first quarter last fiscal, said its long-serving chairman B S Nagesh will retire from the post after 34 years of service. Consolidated revenue from operations stood at Rs 1,161.08 crore in the first quarter against Rs 1,069.31 crore in the year-ago period, Shoppers Stop Ltd said in a regulatory filing. Total expenses in the quarter under review were higher at Rs 1,192.06 crore compared with Rs 1,104.51 crore in the year-ago period, the company said. Shoppers Stop Managing Director and Chief Executive Officer Kavindra Mishra said the company witnessed sales growth in the quarter, driven by premiumisation. "Consumers are becoming more discerning and are willing to spend more. In a crowded marketplace, premiumisation allows retailers to stand out," he ...
